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20121101
20121130
Search Results 0 to 10 of about 11 (some duplicates have been removed)
out here in california, you look what happened on the national level, nothing changes. congress did not change one bit. the administration doesn't change one bit. nothing happened the last fur years. and it will not happen the next four years. a big day for redistribution. a big day for big government. a big day if the unions. i don't think anything will change going forward. >>neil: you are right about that so that means trillion dollar gifts build up year after year and we do not yesly address spending and both sides are doing everyone coming closer but you you are not buying it. >>guest: even if they do address this cliff, it is a small piece, i mean, it is acn. medicine on a major disease. it is not going to fix the direction we are on. we are headed to 50 percent of the g.d.p. in the public sector. that becomes very much a directed economy opposed to the invisible hand and a more efficient less corrupt and more libertarian or personal freedoms kind of economy. we are just not there anymore. >>neil: do you think the markets need a deal? more days like this, that will push congre
. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in new york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is about going well beyond that and the fact that democrats are feeling their oats after the election and saying, look, this isn't about just marginal rates but the marginal rates and this, not either, or, but "and" this. >>guest: that is what chuck schumer said before the election, saying close loopholes and raise the rates at the same time, which is exactly the opposite of tax reform. >>neil: how does a guy like that who represents the financial capital of the world sort that out and its economic impact. >>guest: this is an important point i am glad you brought it up. what is the financial capital of the world? new york wants to
was in california yesterday, and i did see that, i saw people going to nevada, a neighbor state where the tax situation is not as onerous, and, it is really going on but here with the mobility if our country in the various income tax rates that are different but the company is trending higher. what do more well to do folks do? >>guest: well, of course, california comes to florida the difference between england and the united states, in great britain you can by living a year abroad and coming back for 89 years, you can get out of the income tax and capital gains. in the united states, you are a tax captive worldwide for life but can you escape the huge taxes on spending and sales tax and of course all the charges and fees that the governments now charge in addition to the taxes. so an american can escape somewhat but not as effectively as the british. when margaret thatcher reduced the tax we saw an explosion of enterprise and of course a wave of tax revenue came rolling in. we were able to have a debt repayment schedule and the tax emigres came back from the tax havens that remain in the brit
stations closed. this gas line look how far it stretched -- into california! not really but it is bad. go on the road and look at this all these people are looking if gas. you know more than a couple of vehicles have just a quarter tank or less, right if not good. not good. that often leads to hoarding. some relief could be on the way. now, pat, what do you see happening? >>pat: well, it is like we have cabin fever. folks want to get out and survey the damage. what do they need? gasoline, yes, some need it for generators and some need to drive around and maybe their employers are making them go do work, but, there are a lot people just have nothing else to do. i don't have three hours to it is to line if gasoline but everything is going to be just a-okay everyone expects things return to normal in a day or two but some lost their houses, is it realistic to expect the house to be the tomorrow? this is a waiting game. >>neil: your points are profound because for a last people who wait in the lines they want to know how long it will be. >>guest: well, it depends on how many thousands of peop
, wondering how you get there. it stays with you. when people across the country, people in california, they have been through massive gas spikes so it is national. a lost challenges in terms of infrastructure. we do not have an energy policy or infrastructure and it brings the issues to the front page. what is interesting the impact may not be felt until the next jobs report because we know we will see layoffs, we will see consumers closing their wallets. that is looming on the horizon. for now it is a function or feel bad economy days before the election. when the election is this closesten if it is not the presidential election it could be a congressional or senate seat that is critical. both candidates said they were on top of it and people getting used to the long lines, and it could have nothing to do with the president or the gaffe they are pissed and when that happens and they are waiting in the long lines and they say both of you said things are getting better and we are on top of this, it does not look like being on top of everything. >>guest: the whole country was crying out
from california to new york. >> i did. >> you worked at cnbc and fox. that's a big thing to uproot. >> it is. >> you have two adorable boys and a very handsome husband. is that the new life now? is it part of your message that you move on, but you can never get over? >> i mean, i am sitting here crying on national television so you can say how much you could get over it, but i think the message is that you can turn the page. you can have a joyful life and you can start over no matter how hard it is. i'm sorry. >> and i'm sorry to make you feel vulnerable there. "the diary of a stage mother's daughter," i will tell you here a lot of us at fox talent have written books, quite a few. this is the best one. i am not exaggerating there. i am just talking about a pure emotional level. this time of year, and for those affected by storms and calamities and hardships -- >> there is hope. >> there is hope. this young lady went through a hell of a lot. she is here now. and she is making all of our lives difficult now. there is a good deal after that. we will have more after this. >>> this is v
Search Results 0 to 10 of about 11 (some duplicates have been removed)